401 (not) OK: The other things you said ‘Yes’ to when you started your qualified plan

March 8, 2020 - Comment

For more than a generation, the 401k (and its cousins – the 403b, 457, SEP, SIMPLE, and IRA) have grown to the primary vehicles Americans use to accumulate wealth for retirement. But there’s more to these so-called ‘qualified’ plans than the simple sound-bites offered up by their Wall Street advocates. In his second ‘expose-style’ book

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(as of April 20, 2020 8:18 am GMT+0000 - Details)

For more than a generation, the 401k (and its cousins – the 403b, 457, SEP, SIMPLE, and IRA) have grown to the primary vehicles Americans use to accumulate wealth for retirement. But there’s more to these so-called ‘qualified’ plans than the simple sound-bites offered up by their Wall Street advocates. In his second ‘expose-style’ book (Rigged, 2014), James Beattey exposes the 16 things owners of these plans agreed to when they signed up for the 401k – things that would have dissuaded most from ever starting them in the first place had they been fully disclosed. In 401 (Not) OK, you’ll learn what they are – and what you can do about them as Beattey turns complex, boring financial topics into simple, quick-hitting, entertaining stories that are sure to both inform and provoke.

Comments

Anonymous says:

Really great information to learn from reading this book Really great information to learn from reading this book!Easy read with valuable knowledge shared.Wish I would have known the lessons taught in this book when I was initially investing in my retirement, rather than now when I am trying to retire!

Anonymous says:

401 Not Ok – Is the truth! Great book that includes lots of information that most of us did not know. I wish I’d had this information years ago when I started my 401k.

Anonymous says:

Easy, but great read Easy, but great read! Very revealing on what I was sold! Lots of information is precise, quick chapters. Anyone who has or is considering any qualified account needs to read this book. Highly recommend it

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